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Published 2 years ago

Electric Truck Maker Nikola Names Its Third CEO in Two Years, But Says it Has a Plan

Summary by Ground News

Nikola, an electric truck startup, said Aug. 10 its CEO Mark Russell will retire next year. Russell will be replaced by Michael Lohscheller, currently head of Nikola's commercial truck business. The C-suite shakeup marks the third time Nikola has named a new CEO in two years. Nikola is one of the early market entrants promising to build electric trucks powered by hydrogen fuel cells.

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Electric Truck Maker Nikola Names Its Third CEO in Two Years, But Says it Has a Plan

Nikola says the appointment of its third CEO in two years marks the completion of “a thoughtful succession planning process.”

2 years ago·New York, United States

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